Tag: Tax Debts

New research indicates that the Government might face a wave of ‘tax debtors’ within the Australian business community when the stimulus and wage subsidies end in September. This is because, even before the nationwide shutdown – when the economy was fairly healthy – 25 per cent of businesses could not find the cash to pay […]

Even profitable businesses go bust as a result of cashflow issues, tax debts or other unexpected circumstances – making it vital business owners know the basics of corporate insolvency, so they can protect themselves should anything go wrong.